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Major news, releases
GDP (QqQ)- 4,1
Earning report: AMZN is report yday it was like market wait BUT without any moment to continue growth to next report seasson. Twitter fall on his report around -15% on pre market.
Major area: 7480,7435,7400,7360
Description: Continue wait correction;
Scenario1: PB after open to close yday gap area or 7480;
Scenario2: Fall after open. Look First hour pattern or 7435 area;
Day mission: Good Risk/reward
Post market view
Today was very good sell of day BUT without me ((
About this day i have two main idea:
1. Global view on this day:
2. Seller too strong and this is not finish for seller:
Description: Main idea what we will see continue move to correction down.
Trading statistic
NONE
Description. No problem this is not last trading day! Im trade my Playbook and PB pattern. Today was sell off day pattern and don`t give me chance to enter in market! Monday will be next trading day and next day for find my pattern
Hello everyone, this is last week in this mounth and challange of trading journal end very soon and I NEED >10 "Thanks" for my public journal in this challange! Please push "Thanks" for my journal!
Here:
Main mistake:
1. Try take "Buy stop" without any additional signal;
2. Overtrading after first loss trade!
STOP DO IT!!!
Result in statistic:
1. Weekly win ratio and R/R:
Description: Good but can be better!
2. Quality of my good trades
Description: Perfect!! It best result in my history of this public journal!!
Summery:
1. Continiue work under qulity of enterence and exit;
2. DON`T forget about rule of 4 trades!
3. Start test vol/trade/sec indicator for look how i can do better trade my "delta momentum" pattern;
Description: After "Strong sell off " pattern day always prioritet to continue!! Only if i see strong-strong support from buyers i will be buy
Scenario1: Market open with sideway move and prepare same delta resistance area under 7320.
Scenario2: Market fall from open and i will be lookwhat will be around friday low.
Sceanario3: Strong-strong support above 7320.
Description: Second day with "Strong sell off" day pattern;
- VPOC+VAL in one area it means on next day possible PB;
- Day in sideway day most time without any strong ressitance or support;
Market in good volatility period. Try to take One good trade
Major news,releases
1. Apple report after market close!
2. CB Consumer Confidence - ex. 126,5
Pre market plan
Description: Like i do always aftrer same "Strong sell off" day pattern my prior to continue
Scenario1: Market open in sideway move and find seller. I wiil be look same strong resistance 7200-7210 area;
Scenario2: Like yday price fall after open BUT strong stop i area around 7210;And fast came back to open area;
Key area: 7200-7210
Day mission: One good trade
Post market view
Nice day like in my premarket plan..
Main facts
Description:
- Very very good test yday important area and go UP-UP;
- Nice report from AAPL;
- Close above IB high and possible go higher;
Next month begin! Next step in my move to be better!)
Major news,releases
1. ADP Nonfarm is too strong (219K/186K)
2. Apple report is so good.
Pre market plan
Description: After good AAPL report and good nonfarm im wait day to continue high;
Scenario1: This is Long scenario based on strong impulse up after open and i will be wait same "First hour pattern"
Scenario2: First 10-15 min we will see same side way day and after small PB to ON_Low. In this case i will be look "New low and go"
Scenario3: This is scenario only possible if will be same bad news or same strong seller came and i will be see same very pattern to short
Day mission: Good risk/reward
Post market view
WORST DAY IN THIS YEAR
Main facts
Description: Sideway move with potential down
Interest moment
Description: I see this situation too much times BUT only now understan how it can work.
Description: I must seat and wait my pattern!
Scenario1: Price after market open will go UP slowly and find same seller around 7240-7250; Look to "Delta momentum" pattern;
Scenario2: Market open sideway and after fall under 7220. Look same "Delta resistance" area;
Scenario3: Price go slowly -slowly to gap close! Do nothing!
Major area: 7240-7250,7210-7220,7175
Day mission: One good trade;
Post market view
Im with market on different waves )
Main facts:
Description: NQ follow for AAPL. And Apple hit market cap 1 000 000 000 000 (Number with tooo much zero)
Last week of July was very bad for money BUT very good for my trading skill
Trading result
Positive moment:
1. Im understand how use my PlayBook ratio much better then i do before;
2. Add to my weekly statistic: "Avg. Prof trade ticks"
3. Understand what im trade my 2 last week
Negative moment:
1. Broke my rule Risk and Money managment;
2. Bad post market view;
3. ALL enterence was VERY BAD;
Result in statistic:
Description:
1. Very bad quality of enterence
2. Problem with exit!
Summery:
1. Trade only 3 pattern:
- "Pool Back to Delta area"
- "Reverse pool back to Delta Area"
- "Buy/Sell stop" (only when volatility more then 9.00)
2. "Trading stat" in Post market view change to side with more work under the qality of trade;
3. Work under the "Exit stratagy";
4. "Avg. Prof trades"
Description: I will check differnet beetwen this two metricks and have more power picture for
understand my direction.
